Calamos Advisors LLC Has $54.85 Million Position in The TJX Companies, Inc. $TJX

Key Points

• Calamos Advisors trimmed its position in TJX by 2.5% in Q4 to 357,054 shares, worth approximately $54.85 million.
• Analysts are broadly positive with a consensus "Buy" rating and an average price target of $167.55, and several firms have raised targets into the $170–$184 range.
• TJX beat Q4 EPS and revenue expectations (EPS $1.43 vs. $1.38), issued FY2027 guidance of $4.93–$5.02 EPS, and raised its quarterly dividend to $0.48 (annual $1.92, ~1.2% yield).

Calamos Advisors LLC lessened its position in The TJX Companies, Inc. (NYSE:TJX - Free Report) by 2.5% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 357,054 shares of the apparel and home fashions retailer's stock after selling 9,317 shares during the quarter. Calamos Advisors LLC's holdings in TJX Companies were worth $54,847,000 as of its most recent filing with the SEC.

Other institutional investors have also recently bought and sold shares of the company. MWA Asset Management boosted its position in TJX Companies by 3.9% during the 4th quarter. MWA Asset Management now owns 9,844 shares of the apparel and home fashions retailer's stock worth $1,512,000 after acquiring an additional 365 shares during the last quarter. Golden Reserve Retirement LLC acquired a new stake in shares of TJX Companies in the fourth quarter valued at approximately $258,000. Lebenthal Global Advisors LLC raised its holdings in shares of TJX Companies by 33.6% in the fourth quarter. Lebenthal Global Advisors LLC now owns 5,741 shares of the apparel and home fashions retailer's stock valued at $882,000 after purchasing an additional 1,445 shares during the last quarter. Cora Capital Advisors LLC bought a new stake in shares of TJX Companies in the fourth quarter worth $248,000. Finally, AGP Franklin LLC lifted its position in shares of TJX Companies by 1.4% in the fourth quarter. AGP Franklin LLC now owns 24,152 shares of the apparel and home fashions retailer's stock worth $3,710,000 after purchasing an additional 341 shares in the last quarter. Institutional investors own 91.09% of the company's stock.

Analysts Set New Price Targets

Several brokerages have commented on TJX. Argus raised shares of TJX Companies to a "strong-buy" rating in a research report on Tuesday, March 3rd. BTIG Research restated a "buy" rating and issued a $185.00 price objective (up from $165.00) on shares of TJX Companies in a report on Thursday, February 26th. Telsey Advisory Group lifted their target price on TJX Companies from $170.00 to $175.00 and gave the company an "outperform" rating in a research report on Thursday, February 26th. Sanford C. Bernstein reiterated an "outperform" rating and set a $170.00 target price on shares of TJX Companies in a report on Tuesday, January 6th. Finally, Deutsche Bank Aktiengesellschaft set a $184.00 price target on TJX Companies in a research report on Thursday, January 8th. Four equities research analysts have rated the stock with a Strong Buy rating and twenty-one have issued a Buy rating to the company's stock. According to MarketBeat, the company presently has a consensus rating of "Buy" and an average price target of $167.55.

TJX Companies Stock Down 0.8%

TJX Companies stock opened at $157.11 on Friday. The firm has a market capitalization of $173.89 billion, a PE ratio of 32.19, a P/E/G ratio of 3.64 and a beta of 0.73. The company's 50-day moving average is $158.45 and its 200-day moving average is $153.11. The TJX Companies, Inc. has a fifty-two week low of $119.84 and a fifty-two week high of $165.82. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.14 and a quick ratio of 0.59.

TJX Companies (NYSE:TJX - Get Free Report) last posted its quarterly earnings results on Wednesday, February 25th. The apparel and home fashions retailer reported $1.43 EPS for the quarter, topping analysts' consensus estimates of $1.38 by $0.05. The business had revenue of $17.74 billion during the quarter, compared to analysts' expectations of $17.36 billion. TJX Companies had a return on equity of 57.70% and a net margin of 9.10%.TJX Companies's quarterly revenue was up 8.5% on a year-over-year basis. During the same quarter last year, the company posted $1.23 earnings per share. TJX Companies has set its FY 2027 guidance at 4.930-5.020 EPS and its Q1 2027 guidance at 0.970-0.990 EPS. Sell-side analysts anticipate that The TJX Companies, Inc. will post 5.06 earnings per share for the current year.

TJX Companies Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, June 4th. Stockholders of record on Thursday, May 14th will be paid a dividend of $0.48 per share. The ex-dividend date is Thursday, May 14th. This represents a $1.92 annualized dividend and a dividend yield of 1.2%. This is an increase from TJX Companies's previous quarterly dividend of $0.43. TJX Companies's dividend payout ratio is presently 34.84%.

Insider Buying and Selling at TJX Companies

In related news, CEO Ernie Herrman sold 30,000 shares of the stock in a transaction on Monday, March 2nd. The stock was sold at an average price of $160.95, for a total value of $4,828,500.00. Following the sale, the chief executive officer owned 479,316 shares in the company, valued at approximately $77,145,910.20. This represents a 5.89% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 0.13% of the company's stock.

TJX Companies Profile

TJX Companies, Inc is a leading off-price retailer of apparel, footwear, home fashions and other consumer goods. The company operates multiple retail concepts that offer discounted brand-name and designer merchandise, including well-known banners such as T.J. Maxx and Marshalls in the United States, HomeGoods for home furnishings, TK Maxx in parts of Europe, and Winners and Homesense in Canada. Merchandise categories span women's, men's and children's apparel, accessories, beauty, home décor, kitchenware and small furniture, with frequent changes in assortment that create a “treasure-hunt” shopping experience for consumers.

The company's business model centers on opportunistic buying, purchasing excess, irregular or out-of-season inventory from manufacturers, department stores and other suppliers, and passing savings to customers through lower prices.

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